Analyzing the macroeconomic determinants that contribute to the adoption of renewable energy in Malaysia

2024

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Main Author: Inas Sabrina Samsol Anuar
Format: text::Final Year Project
Language:English
Published: 2025
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spelling my.uniten.dspace-372742025-03-04T12:41:03Z Analyzing the macroeconomic determinants that contribute to the adoption of renewable energy in Malaysia Inas Sabrina Samsol Anuar 2024 The present project aims to analyze the Macroeconomic Determinants That Contribute To The Adoption of Renewable Energy in Malaysia. Economic growth, urbanization, CO2 emission level and foreign direct investment were selected as independent variables, with renewable energy as dependent variable. Examining the relationships between renewable energy adoption and other independent variables is the goal of this project, which makes use of quantitative data from 1992 to 2023. Another objective is to investigate the structure of this interaction in boththe short and long run. This study applied the Autoregressive Distributed Lag (ARDL) model to identify significant short and long run correlations between renewable energy and the variables presented. The statistical package EViews and Microsoft Excel were utilized for the analysis. The results highlight how important it is to understand the complex interactions that occur between macroeconomic determinants and renewable energy. This present project also suggests several policy recommendations to encourage the use of renewable energy sources and reduce environmental pollution in Malaysia. Keywords: Renewable Energy, Economic Growth, Urbanization, CO2 Emission Level, Foreign Direct Investment, Malaysia 2025-03-04T04:41:03Z 2025-03-04T04:41:03Z 2025-03-04 Resource Types::text::Final Year Project https://irepository.uniten.edu.my/handle/123456789/37274 en application/pdf
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
language English
description 2024
format Resource Types::text::Final Year Project
author Inas Sabrina Samsol Anuar
spellingShingle Inas Sabrina Samsol Anuar
Analyzing the macroeconomic determinants that contribute to the adoption of renewable energy in Malaysia
author_facet Inas Sabrina Samsol Anuar
author_sort Inas Sabrina Samsol Anuar
title Analyzing the macroeconomic determinants that contribute to the adoption of renewable energy in Malaysia
title_short Analyzing the macroeconomic determinants that contribute to the adoption of renewable energy in Malaysia
title_full Analyzing the macroeconomic determinants that contribute to the adoption of renewable energy in Malaysia
title_fullStr Analyzing the macroeconomic determinants that contribute to the adoption of renewable energy in Malaysia
title_full_unstemmed Analyzing the macroeconomic determinants that contribute to the adoption of renewable energy in Malaysia
title_sort analyzing the macroeconomic determinants that contribute to the adoption of renewable energy in malaysia
publishDate 2025
_version_ 1826077723140816896
score 13.244413